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Silver Report Uncut: Goldman Sachs Predicts Blood Bath in the S&P 500, they Predict a Decline of 24% to 3,600

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Silver Report UncutFeb 15, 2022 Goldman’s most bearish warning we have heard from him ever since he forecast back in March 2020 that the S&P could crash to 2000, which of course bottom-ticked the market. According to the Goldman strategist, “uncertainty abounds regarding the path of inflation and Fed policy. We believe two-sided risks exist to our baseline S&P 500 forecast, but with a larger downside tail.” Kostin considers three alternative scenarios. If inflation remains high and prompts continued Fed hiking that lifts the terminal funds rate well beyond the market and our economists’ estimates, we expect thecost of equity…

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